

Saffron Speciality Papers Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 12.34 Cr
- Company Age 17 Year, 25 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 76.15 Cr
- Satisfied Charges ₹ 67.57 Cr
- Revenue Growth 10.13%
- Profit Growth 76.90%
- Ebitda 73.09%
- Net Worth 11.44%
- Total Assets 26.60%
About Saffron Speciality Papers
Saffron Speciality Papers Private Limited (SSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 2008 and has a history of 17 years. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Albatross Speciality Papers Private Limited. The Company is engaged in the Wood Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.34 Cr.
The company currently has active open charges totaling ₹76.15 Cr. The company has closed loans amounting to ₹67.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Saffron Speciality Papers Private Limited India are Vipul Desai as CFO and Chandra Bhandiya as Company Secretary. Harshiel Agarwal, Sweta Agarwal, Narayanan Iyer, and Two other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51396MH2008PTC181181
- Company No.
181181
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Apr 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Saffron Speciality Papers?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vipul Desai | CFO | 20-Jun-2024 | Current |
Chandra Bhandiya | Company Secretary | 20-Jun-2024 | Current |
Sweta Agarwal ![]() | Managing Director | 20-Nov-2021 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Narayanan Iyer ![]() | Director | 27-Jun-2024 | Current |
Harshiel Agarwal ![]() | Director | 23-Feb-2024 | Current |
Mahavir Hingar ![]() | Director | 27-Jun-2024 | Current |
Amisha Agarwal ![]() | Whole-Time Director | 18-Jan-2011 | Current |
Financial Performance of Saffron Speciality Papers.
Saffron Speciality Papers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.13% increase. The company also saw a substantial improvement in profitability, with a 76.9% increase in profit. The company's net worth Soared by an impressive increase of 11.44%.


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What is the Ownership and Shareholding Structure of Saffron Speciality Papers?
In 2023, Saffron Speciality Papers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Harshiel Agarwal, Sweta Agarwal and 1 more are mutual person
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Charges (Loans)
₹76.15 Cr
₹67.57 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 71.09 Cr
- Others : 5.07 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
01 Jul 2024 | Others | ₹2.07 Cr | Open |
15 Mar 2024 | Hdfc Bank Limited | ₹70.28 Cr | Open |
01 Sep 2023 | Hdfc Bank Limited | ₹8.07 M | Open |
31 Dec 2022 | Others | ₹9.57 M | Open |
29 Nov 2022 | Others | ₹2.04 Cr | Open |
How Many Employees Work at Saffron Speciality Papers?
Saffron Speciality Papers has a workforce of 2 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Saffron Speciality Papers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Saffron Speciality Papers's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Saffron Speciality Papers
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.07 Cr with Charge ID 100939326 was registered on 01 Jul 2024.
- Director Appointment
Narayanan Ananthakrishnan Iyer was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 10 months 13 days .
- Director Appointment
Mahavir Mohanlal Hingar was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 10 months 13 days .
- Director Appointment
Vipul Desai was appointed as a Cfo was appointed as a Cfo on 20 Jun 2024 & has been associated with this company since 10 months 20 days .
- Director Appointment
Chandra Shekhar Bhandiya was appointed as a Company Secretary was appointed as a Company Secretary on 20 Jun 2024 & has been associated with this company since 10 months 20 days .
- Charges
A charge registered on 03 Mar 2021 via Charge ID 100432382 with Others was fully satisfied on 02 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Saffron Speciality Papers Private Limited?
Saffron Speciality Papers Private Limited was incorporated on 15 Apr 2008.
What is authorized share capital and paid-up capital of Saffron Speciality Papers Private Limited?
The authorized share capital of Saffron Speciality Papers Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.34 Cr.
Who are the current board members & directors of Saffron Speciality Papers Private Limited?
Currently 7 directors are associated with Saffron Speciality Papers Private Limited.
- Vipul Desai
- Chandra Shekhar Bhandiya
- Harshiel Agarwal
- Sweta Agarwal
- Narayanan Ananthakrishnan Iyer
- Mahavir Mohanlal Hingar
- Amisha Agarwal
What is the registered address of Saffron Speciality Papers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Saffron Speciality Papers Private Limited is Survey No. 53 Hissa 29 75/2 And 77/5 Village Aamne, Near Indian Petrol Pump India, Taluka Bhiwandi, Maharashtra, 421302.
What is the corporate identification number (CIN) and company number of Saffron Speciality Papers Private Limited?
The corporate identification number (CIN) of Saffron Speciality Papers Private Limited is U51396MH2008PTC181181 and the company number is 181181 as per Ministry of Corporate Affairs (MCA).
What is the official website of Saffron Speciality Papers Private Limited?
The Official website of Saffron Speciality Papers Private Limited is https://www.saffronindia.net
What has been the recent revenue trend for Saffron Speciality Papers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Saffron Speciality Papers Private Limited has risen by 10.13%.
How many employees does Saffron Speciality Papers Private Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Saffron Speciality Papers Private Limited.
What change has been observed in the net worth of Saffron Speciality Papers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Saffron Speciality Papers Private Limited has experienced an upsurge of 11.44%.
What are the total open charges for Saffron Speciality Papers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Saffron Speciality Papers Private Limited amount to ₹ 76.15 Cr.
When was the last Balance Sheet of Saffron Speciality Papers Private Limited filed with the ROC?
The most recent Balance Sheet for Saffron Speciality Papers Private Limited was filed with the ROC on 31 Mar 2023.
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